In a sale-leaseback transaction the owner of an asset sells it and immediately leases it back from

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In a sale-leaseback transaction the owner of an asset sells it and immediately leases it back from the new owner. This dual transaction should be viewed as a single borrowing transaction. Why?

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Intermediate Accounting

ISBN: 978-0077400163

6th edition

Authors: J. David Spiceland, James Sepe, Mark Nelson

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Question Posted: Jul 05, 2013 07:01 AM

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In a sale-leaseback transaction the owner of an asset sells it and immediately leases it back from

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On the surface there are two separate transactions But the sellerlessee still reta...View the full answer

Intermediate Accounting

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